(2,0,0), X* FIGURE 9 (0, 0, 6) (0,3,0) In the Figure 9 on Page 386, the y-intercept point coordinates are O (2,0,0) ● (0, 3, 0) ○ (0, 0, 6) O (3,0,0) The Figure 11 on Page 387 is for a Cobb-Douglas production function P(L,K). Based on this Figure 11, P(100, 100)=P(200, 50) O P(100, 100)< P(200, 50). O P(100, 100)> P(200, 50). we cannot tell which of P(100, 100) and P(200, 50) is bigger.

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(2,0,0),
2.
X*
FIGURE 9
P(100, 100)=P(200, 50)
ZA
The Figure 11 on Page 387 is for a Cobb-Douglas production function P(L,K). Based on this Figure 11,
OP(100, 100) < P(200, 50).
P
OP(100, 100) > P(200, 50).
300-
(0, 0,6)
200
100
300
(0,3,0)
we cannot tell which of P(100, 100) and P(200, 50) is bigger.
200
K
100
0 0
In the Figure 9 on Page 386, the y-intercept point coordinates are
○ (2,0,0)
100
● (0, 3, 0)
○ (0, 0, 6)
O (3,0,0)
L
200
300
Transcribed Image Text:(2,0,0), 2. X* FIGURE 9 P(100, 100)=P(200, 50) ZA The Figure 11 on Page 387 is for a Cobb-Douglas production function P(L,K). Based on this Figure 11, OP(100, 100) < P(200, 50). P OP(100, 100) > P(200, 50). 300- (0, 0,6) 200 100 300 (0,3,0) we cannot tell which of P(100, 100) and P(200, 50) is bigger. 200 K 100 0 0 In the Figure 9 on Page 386, the y-intercept point coordinates are ○ (2,0,0) 100 ● (0, 3, 0) ○ (0, 0, 6) O (3,0,0) L 200 300
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